Executive summaryOn 7 June 2021, the Hashemite Kingdom of Jordan published Regulations No. (40) of 2021 in the Official Gazette. The Regulations introduce, for the first time in Jordan, transfer pricing (TP) rules that will apply from 7 July 2021. Taxpayers engaged in transactions with related parties (including notional transactions between a branch and its head office) with an annual value exceeding JOD500,000 (approximately US$705,000) will need to prepare and maintain the following:A TP disclosure to be submitted with the annual income tax returnA master file on the global business operations and TP policies of the taxpayer’s multinational enterprise (MNE)...